US consumer sentiment touches year-high. The BoC holds the line as the unemployment rate plunges. UK industrial production declines. The ECB pushes back against rising yields. Japan’s Q4 GDP revised down due to sharper contraction in inventories. Business confidence hits decade high in Australia.
Stimulus, growth, and dovish central banks propel equities’ surge. The RBA drove down yields by pricing out shorts. The pound and Canadian dollar get a bid. Oil moderated as OPEC trimmed demand estimates.
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